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HUBC

HUB Cyber Security Ltd.

HUBC

HUB Cyber Security Ltd. • NASDAQ
$1.11 ▲ 0.91% (+0.01)
Market Cap $11.15 M
52w High $14.00
52w Low $0.89
Dividend Yield 0%
P/E -0.08
Volume 966.00K
Outstanding Shares 10.05M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $13.854M ▼ $13.143M ▼ $-12.666M ▲ -91.425% ▲ $-2.76 ▼ $-9.736M ▲
Q2-2024 $15.708M ▲ $16.527M ▼ $-27.091M ▼ -172.466% ▼ $-1.2 ▲ $-13.895M ▼
Q4-2023 $11.945M ▼ $22.061M ▼ $-17.78M ▲ -148.849% ▲ $-1.5 ▲ $-12.65M ▲
Q2-2023 $30.712M ▲ $62.133M ▲ $-69.666M ▼ -226.836% ▼ $-7.76 ▼ $-48.713M ▼
Q4-2022 $21.163M $30.671M $-30.077M -142.124% $-6.21 $-8.95M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $3.085M ▲ $27.416M ▼ $108.233M ▲ $-80.787M ▼
Q2-2024 $1.169M ▼ $28.636M ▼ $88.02M ▲ $-59.356M ▼
Q4-2023 $3.522M ▲ $32.59M ▼ $83.323M ▼ $-53.509M ▼
Q2-2023 $2.727M ▼ $52.819M ▼ $91.407M ▲ $-42.088M ▼
Q4-2022 $3.994M $74.793M $65.983M $6.413M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-11.94M ▲ $4.46M ▲ $13.948M ▲ $-14.282M ▼ $-437K ▲ $-6.394M ▲
Q2-2024 $-27.091M ▼ $-21.57M ▼ $-14.4M ▼ $31.458M ▲ $-2.841M ▼ $-10.8M ▼
Q4-2023 $-15.75M ▲ $-3.748M ▲ $1.244M ▲ $2.407M ▼ $883K ▼ $-3.835M ▲
Q2-2023 $-69.666M ▼ $-12.454M ▼ $-263K ▲ $10.52M ▲ $2.727M ▲ $-12.664M ▲
Q4-2022 $-60.154M $-9.201M $-4.543M $6.166M $-3.445M $-14.957M

Five-Year Company Overview

Income Statement

Income Statement HUBC looks more like an early‑stage technology venture than a mature software company. Revenue is still very small and has not grown meaningfully, while operating and net losses are persistent and sizable relative to the tiny sales base. There is little sign yet of scale or operating leverage; expenses tied to development, overhead, and public company costs clearly outweigh current income. Overall, the income statement signals a company still in the build‑out phase, with commercial traction not yet catching up to its cost structure.

Balance Sheet

Balance Sheet The balance sheet appears fragile. Total assets are limited, cash on hand is very thin, and debt is meaningful relative to the company’s size. Shareholders’ equity has turned negative, which is a red flag and suggests past losses and possibly significant dilution or restructuring. This combination points to a capital structure that leaves little cushion and likely makes the company dependent on external funding or further financial restructuring to support its plans.

Cash Flow

Cash Flow Cash flow from the core business has been consistently negative, and free cash flow has tracked closely behind, as the company is not yet generating enough cash to cover operating needs. Capital spending is modest, so the cash burn is mainly driven by ongoing operating costs rather than heavy investment in physical assets. This pattern indicates reliance on outside capital sources—such as new equity, debt, or deals—to keep funding operations until revenues ramp. Sustained negative cash flow raises going‑concern and dilution risk if performance does not improve.

Competitive Edge

Competitive Edge HUBC operates in a crowded cybersecurity market but is aiming at a specialized niche: hardware‑level security, confidential computing, and secure data infrastructure for highly regulated sectors like finance and healthcare. Its roots in Israeli intelligence and focus on secure data fabric technology provide credibility and technical depth that many smaller peers lack. Partnerships, such as its collaboration around data fabric and quantum‑related security, add to its differentiation. At the same time, the company is very small compared with global cybersecurity leaders, which makes customer acquisition, pricing power, and long‑term brand recognition challenging. Its competitive edge will depend on converting its specialized technology into repeatable, large‑scale customer wins before larger players close the gap.

Innovation and R&D

Innovation and R&D Innovation is clearly a core focus. HUBC is pushing into confidential computing, secure data fabric architectures, and hardware security modules, all aimed at protecting sensitive data where it is stored and processed, not just at the software layer. The roadmap extends further into quantum‑resistant encryption and a planned token‑based ecosystem for digital identity and compliant financial transactions, which is ambitious and forward‑looking. These projects, however, are still in relatively early stages in terms of commercial proof and carry meaningful execution and regulatory uncertainty. Overall, the company appears rich in ideas and technical vision but must show it can turn innovation into stable, scalable revenue streams.

Summary

HUBC is a small, SPAC‑listed cybersecurity company with advanced, niche technology but a weak financial foundation. The business today shows minimal revenue, ongoing losses, and negative cash flow, supported by a thin and leveraged balance sheet, which together signal elevated financial and dilution risk. On the positive side, the company has carved out a distinctive technological angle around hardware‑based security, confidential computing, and quantum‑aware solutions, backed by deep security expertise and partnerships. The key question going forward is not whether the technology is interesting, but whether HUBC can secure enough high‑value, recurring customer relationships—and enough stable funding—to reach scale before its financial constraints become a limiting factor.

NEWS

November 26, 2025 · 8:03 AM UTC

HUB Cyber Security Completes Financial Overhaul, Restructuring More Than 75% of Legacy Obligations and Enabling Long-Cycle Execution

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November 12, 2025 · 8:30 AM UTC

HUB Cyber Security Details HUB Token Key Use Cases for Trvsthub™ Platform in SSI-Driven Financial Applications

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November 6, 2025 · 9:26 AM UTC

HUB Cyber Security Outlines Visionary HUB Token Roadmap to Enable Frictionless Stablecoin, Crypto, and Remittance Transactions Through Self-Sovereign Identity

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October 6, 2025 · 9:48 AM UTC

HUB Cyber Security Launches HUB Compliance™ Globally – Expanding Its Next-Generation AI Compliance Platform Worldwide

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September 11, 2025 · 8:30 AM UTC

HUB Cyber Security Ltd. Appoints Romke E.

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